ALBERT — All Library Books, journals and Electronic Records Telegrafenberg

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A STABLE COURNOT-NASH INDUSTRY NEED NOT BE QUASI-COMPETITIVE (1985)

Meza, David

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 37 (1985), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1985.tb00190.x

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2

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CARTEL STABILITY AND THE CURVATURE OF MARKET DEMAND (1996)

Lambertini, Luca

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 48 (1996), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The stability of collusion is analysed for a family of demand functions whose curvature is determined by a parameter varying between zero and infinity. When the number of firms is low, firms may prefer to act as quantity setters in order to increase cartel stability if demand is sufficiently convex. Otherwise, price-setting behaviour enhances their ability to collude. As the number of firms tends to infinity, Cournot behaviour is preferable to Bertrand behaviour in order to stabilize collusion, independently of the characteristics of market demand.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00639.x

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3

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THE SCOPE FOR COLLUSION AND COMPETITION IN A REGULATED VERTICALLY INTEGRATED INDUSTRY (1996)

Damania, D.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 48 (1996), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper investigates the competitive implications of input price controls in a partially regulated industry where a vertically integrated firm has exclusive control over an input with natural monopoly characteristics. Such industry structures are commonly encountered in activities such as telecommunications, railways, electricity and water supply. It is shown that in a Cournot game such input price controls are unambiguously benefical to consumers. However, it is further demonstrated that there exist circumstances in which these controls may make the non-integrated firm worse off. Thus if the objective of input price regulation is to protect the non-integrated firm, such controls may prove to be counterproductive.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00635.x

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4

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THE MARKET FOR FRANCHISE OPPORTUNITIES (1996)

Martin, Robert E.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 48 (1996), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: Franchised distribution accounts for a substantial proportion of retail sales each year. This form of vertical integration is frequently found in the accompaniment of parallel distribution through company-owned establishments. Similarly, franchise contracts are characterized by mixed compensation strategies. This paper contains empirical models of the market for franchise opportunities where incentives for mixed distribution and compensation strategies are evaluated.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00626.x

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5

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CRIME, DETERRENCE AND UNEMPLOYMENT IN ENGLAND AND WALES: AN EMPIRICAL ANALYSIS (1996)

Reilly, Barry ; Witt, Robert

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 48 (1996), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper uses aggregate data from 42 police-force areas over 12 years to test predictions of Becker's economic model of crime. The effects of measures for deterrence on the incidence of three types of acquisitive criminal activity (burglary, theft, robbery) in England and Wales are explored. Mixed support for the Becker model emerges. The growth in unemployment is seen to impact positively on two of the three types of criminal activity examined. Per capita household income is seen to have a negative effect on the recorded rates of burglary and theft, but there is some evidence that the income variable is a proxy for the effects of unemployment. Poor housing conditions and the relative youth of the population were also found to play a role in the determination of criminal activity.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00629.x

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6

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COST FUNCTIONS AND COST EFFICIENCY IN ELECTRICITY DISTRIBUTION: A STOCHASTIC FRONTIER APPROACH (1996)

Burns, Philip ; Weyman-Jones, Thomas G.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 48 (1996), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The paper develops a cost frontier model of electricity distribution and estimates it on data for the 12 regional electricity companies of England and Wales. It is found that some significant cost drivers in cross-section estimation are insignificant when the model is estimated on panel data, highlighting the well-known drawbacks of cross-section estimation. Panel data estimation suggests that the main determinants of distribution operating costs are the number of customers in the area and simultaneous maximum demand. These results and the efficiency rankings of the companies are not sensitive to changes in error distribution assumptions and sample size. There is also significant evidence of economies of scale. There is a small but significant effect on cost efficiency from privatization, but this is as likely to be due to the changes in accounting policies at the time of privatization as any real effect.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1996.tb00623.x

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7

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THE HECKSCHER-OHLIN THEOREM WITH ENDOGENOUS LABOUR SUPPLY (1995)

Chen, Zhiqi

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 47 (1995), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This note demonstrates that the Heckscher-Ohlin Theorem, stated in terms of factor endowment ratios, is valid independent of the slope of the labour supply curve.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00614.x

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8

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STATISTICAL INFERENCE AND DECOMPOSABLE POVERTY MEASURES (1995)

Bishop, John A. ; Chow, K. Victor ; Zheng, Buhong

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 47 (1995), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The paper develops simple statistical test procedures for generalized decomposable poverty measures. It is shown that the estimates of the decomposable poverty indices, including the overall and various subgroup poverty indices, have (asymptotic) jointly normal distributions. The full variance-covariance structure is derived and can be estimated consistently without prior specification of the population density underlying the sample data. The (overall/decomposed) poverty indices can thus be used as tools for statistical inference instead of simply as descriptive statistics. We illustrate the test procedure by examining the contributions of whites and non-whites to total US poverty in 1975 and 1985.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00619.x

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9

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BILATERALISM IN THE INTERWAR WORLD ECONOMY (1995)

Kitson, Michael ; Solomou, Solomos

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 47 (1995), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: Discriminatory protectionist policies in the 1930s are assumed to have led to a collapse of multilateral trading patterns. This paper examines the trends in bilateralism during the interwar period for a sample of ten countries. The findings show that, with the exception of Germany between 1934 and 1938, the level of bilateralism fluctuated but did not see a significant trend increase in the period of increased protectionism during the 1930s.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00610.x

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10

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STRATEGIC TRADE POLICY WITH INTERNATIONALLY OWNED FIRMS (1995)

Welzel, Peter

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 47 (1995), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The consequences of international firm ownership for strategic trade policy are examined both in a general and in a simple linear model of an international duopoly with two governments using production subsidies as policy instruments. At first sight, the case for strategic trade policy seems to be weakened, because international ownership reduces a government's incentive for rent-shifting. Closer inspection shows, however, that there are ownership structures leading to optimal policies which induce the duopolists to behave more collusively. This tends to resolve the conflict between national and international rationality in a policy game with retaliation and makes strategic trade policy look more attractive.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00611.x

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11

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THE STRUCTURE OF THE EARNINGS DISTRIBUTION: HOW ARE HOUSEHOLDS AND INDIVIDUALS RELATED? (1995)

Parker, Simon Charles

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 47 (1995), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper investigates the links between individual and household distributions of earnings. Using a sample of 1991 data from the UK, considerable complexity is uncovered in the structure of the household earnings distribution. This is due to heterogeneity of earners and positive ‘clustering’ of earners within households. The structure of the clustering behaviour of earners for different household types is estimated, and the contribution of clustering to overall earnings inequality is evaluated. Perhaps surprisingly in view of the observed clustering behaviour, it is found that clustering has reduced overall inequality, although the mean-adjusted distribution of individual earnings is insignificantly different from the distribution of household earnings.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00606.x

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12

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DEPRECIATION, OBSOLESCENCE AND THE ROLE OF CAPITAL IN GROWTH ACCOUNTING: A REPLY TO OULTON (1995)

Scott, Maurice

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 47 (1995), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00599.x

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13

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MULTIVARIATE COINTEGRATION APPROACH TO THE DETERMINATION OF RESERVES AND BANK CREDIT: A CASE STUDY OF TURKEY (1995)

Civcir, Irfan ; Parikh, Ashok

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 47 (1995), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The paper estimates both long-run reserves and long-run money demand equations using the multivariate cointegration approach. An economic model is constructed, based on the monetary approach to balance of payments in which the monetary authorities can control money supply through changes in bank credit. The vector auto-regressive methodology is used to derive latent equilibrium relationships, and the short-run error correction equations are estimated for both nominal money stock and reserves. A response function for the short-run changes in bank credit is developed. Given the institutional system and slow adjustments, a response function of changes in bank credit to lagged changes in reserves performs well for the period 1960–88.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00601.x

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14

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INDUSTRIAL LICENSING, BRIBERY AND ALLOCATION EFFICIENCY (1995)

Bose, Pinaki

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 47 (1995), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: In less developed countries where an industrial licensing policy governs the entry of new firms, and when government officials awarding these licenses are corrupt, an incumbent firm may deter entry by bribing the official to deny the license. The paper demonstrates that such bribery can lead to the exclusion of more efficient firms from the market. This contradicts the established result that bribery does not affect allocation efficiency.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1995.tb00603.x

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15

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A BUFFER STOCK MODEL OF THE DEMAND FOR MONEY BY THE PERSONAL SECTOR (1994)

Mizen, Paul

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 46 (1994), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper examines the forward-looking rational expectations buffer stock model of Cuthbertson and Taylor (1987) in the context of the personal sector of the UK. The buffer stock model is evaluated for both narrow and broad money definitions in the UK using the encompassing the VAR methodology of Mizon (1984). This suggests that the buffer stock model is a congruent model, and that the broad definition is the most appropriate aggregate with which to model buffering behaviour — in line with previous studies, Mizen (1992). Further analysis of the models, in the light of Hendry (1988), confirms this view.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1994.tb00594.x

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16

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EQUILIBRIA IN NON-COOPERATIVE GAMES I: PERTURBATIONS BASED REFINEMENTS OF NASH EQUILIBRIUM (1994)

Sadanand, Asha B. ; Sadanand, Venkatraman

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 46 (1994), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The concept of Nash equilibrium is widely used to analyse non-cooperative games. However, one of the problems with that concept is that many games have multiple equilibria. Recent work has concentrated on reducing or refining the set of Nash equilibria in some games. In this paper, we survey some equilibrium concepts based on perturbations of strategies that refine the set of Nash equilibria. We discuss the pros and cons of each concept and its relationship to the others by the use of numerous examples and intuition. It is hoped that this survey will enable the economist to consider the relevance of a particular equilibrium concept to a given economic model of interest. Journal of Economic Literature Classification Number: C72.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1994.tb00588.x

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17

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ON THE REVISITED ILLYRIAN MODEL AND PERVERSITY: THE CASE OF THE LONG-RUN (1994)

Kahana, Nava ; Weiss, Avi

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 46 (1994), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The modified theory of the Illyrian firm was developed, in part, to correct a perversity exhibited by the traditional theory of the Illyrian firm — that output rises in response to a fall in output price or a rise in fixed costs. We show that while this revised model has solved the problem for the short-run the problem remains in the long-run, and this long-run perversity may have important policy implications for the short-run as well. We also show that the under-production problem associated with the traditional LMF is mitigated (and perhaps even reversed) in the modified LMF.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1994.tb00583.x

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18

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A NOTE ON GOVERNMENT INTERVENTION IN OCCUPATIONAL SAFETY AND HEALTH: THE CASE FOR AN ACCIDENT TAX AND A SAFETY BONUS SCHEME (1994)

Lanoie, Paul

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 46 (1994), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: Using a fairly general principal-agent model in which both firms and workers can affect the risk of a workplace accident, this note shows theoretically that an accident tax and/or a safety bonus scheme could unambiguously reduce the incidence of workplace accidents, contrary to the ambiguous theoretical results that are obtained with safety regulations

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URL: http://dx.doi.org/10.1111/j.1467-8586.1994.tb00587.x

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19

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ASYMMETRIC INFORMATION AND MODELS OF CREDIT RATIONING (1993)

Hillier, Brian ; Ibrahimo, M. V.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 45 (1993), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper outlines the development and exposits some of the central ideas and implications of asymmetric information in the credit market.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00571.x

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20

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RESERVATION WAGES AND THE UNION JOB QUEUE: A SAMPLE SELECTION APPROACH (1993)

Hampton, Mary B. ; Heywood, John S.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 45 (1993), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper uses a unique data set of unemployed semi-skilled workers to examine the relationship between reservation wages and the decision to queue for a union sector job. Estimation of selected reservation wage equations indicates that the failure of all previous estimates to model the queuing decision results in biased coefficients. Those workers who queue for a union job are subject to a distinct reservation wage formation process which differs from those not queuing. Moreover, a structural estimate of the queuing decision demonstrates that workers with the greatest differences between estimated reservation wages in the union and non-union sector are the most likely to queue. This estimate of the queuing decision stands as one of the few which focus on unemployed workers. Among other results, women and minorities are more likely to queue for union jobs, all else equal.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00573.x

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CREDIT, MONEY AND THE GOVERNMENT BUDGET CONSTRAINT (1993)

Hillier, Brian ; Ibrahimo, M. V.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 45 (1993), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: A credit market is introduced into an IS-LM model with wealth effects and the government budget constraint explicitly considered, The model is able to handle issues such as a credit market shock that would be impossible to examine in standard models without a credit market. The analysis of more standard policies or shocks is enhanced by recognition of the role of the credit market, thus supporting the view that such recognition is both feasible and warranted.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00569.x

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FISCAL POLICIES IN AN INTERTEMPORAL DISEQUILIBRIUM MACROECONOMIC MODEL (1993)

Fender, John ; Moon, Naehee

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 45 (1993), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: A two-period macroeconomic model where consumption and investment decisions are given microeconomic foundations is presented. The model is used to analyse the effects of both current and anticipated fiscal expansion; careful attention is paid to the implications of the government's intertemporal budget constraint. It is shown that anticipated fiscal expansion may, in certain circumstances, be expansionary. Also, current fiscal expansion, if financed by bonds which are retired through future money creation, may be contractionary.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00559.x

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LABORS INFLUENCE ON THE BALANCE OF THE USA'S MERCHANDISE ACCOUNTS (1993)

Daniel, Coldwell ; Reid, John J.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 45 (1993), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The results found here indicate that American labor does influence importantly the level of imports and exports of manufactures in the US. In particular, imports tend to be lower and exports tend to be higher in those industries in which higher skilled American workers are used more abundantly. Moreover, labor efficiency and productivity also influence inversely the level of imports and directly the level of exports.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00564.x

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ON THE PRICE AND STRUCTURAL EFFICIENCY IN FARRELL'S MODEL (1992)

Sengupta, Jati K.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 44 (1992), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The paper develops a mean variance model to characterize the price efficiency at the firm level in Farrell's model and shows how risk aversion may affect this measure. Problems of estimating the structural efficiency at the industry level are also discussed and it is shown that this involves a comparison between efficiency distributions of two or more industries. Two empirical applications for the two efficiency measures are also discussed.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1992.tb00548.x

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THE MEASUREMENT OF PRODUCTIVITY (1992)

Diewert, W. E.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 44 (1992), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1992.tb00542.x

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26

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THE EFFECT OF FORWARD MARKETS ON MULTINATIONAL FIRMS (1992)

Broll, Udo

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 44 (1992), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper presents a model of a risk averse multinational firm under exchange rate risk. The firm, which owns and controls assets in two countries, is engaged in production, sales and forward contracting whenever forward markets exist. First, we investigate the effects of exchange rate uncertainty without any risk sharing markets. It is shown that the firm internalizes missing hedging markets by increasing foreign production and lowering foreign sales. Therefore the firm hedges by repatriating foreign profits in the form of goods. Second, the implications of the existence of forward markets of global market decisions are discussed. It is shown that a separation theorem holds. This does not imply that the multinational firm shifts all the risk into the forward exchange market.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1992.tb00545.x

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RENEGOTIATION AND THE ALLOCATION OF PROPERTY RIGHTS (1992)

Nutale, Piergiovanna

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 44 (1992), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1992.tb00546.x

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DOES A TRADE UNION SET A LOWER EFFORT LEVEL THAN WOULD BE DETERMINED IN A COMPETITIVE LABOUR MARKET? (1992)

Bulkley, George

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 44 (1992), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: The level of effort which would be set by a firm hiring in a competitive labour market is contrasted with the effort level which would be chosen by a utilitarian trade union.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1992.tb00541.x

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INTERNATIONAL TRADE AND COURNOT EQUILIBRIUM: EXISTENCE, UNIQUENESS AND COMPARATIVE STATICS (1992)

Collie, David

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 44 (1992), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper proves the existence and uniqueness of Cournot equilibrium in models of international trade under oligopoly. The existence of Cournot equilibrium is established without the usual assumption that profit functions are concave. Instead the proof uses a weaker‘aggregate concavity’condition. A simple proof is used to establish the uniqueness of the equilibrium. And, the paper considers the implications of the assumptions, used to prove the existence and uniqueness of the equilibrium, on the comparative static results.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1992.tb00506.x

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PRICE AND WELFARE EFFECTS OF OLIGOPOUSTIC MERGERS (1991)

McElroy, F. William

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 43 (1991), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: When oligopolists merge, the new firm enjoys a lower cost structure than any of its premerger constituent parts. This is because of rationalization economies which are created as facilities previously operated at disparate marginal cost levels come under common control. The resultant price-decreasing force is countered by the loss of competition due to the merger. The latter can stem not only from reduction in the number of competitors, but also from the possibility that, with a more concentrated market structure, firms’conjectures about each others’reactions will move in the direction of being more cooperative. The paper shows that, under normal conditions, the effects of diminished competition outweigh those of rationalization so that a price increase will result from the merger. In addition, the equivalence of merger to the imposition of taxes is exploited to derive a market-share based test for mergers to cause welfare decreases. This complements a test proposed by Farrell and Shapiro that works only for welfare increases.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1991.tb00501.x

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ON THE CONSISTENT CONJECTURES EQUILIBRIUM OF EXPORT SUBSIDY GAME (1991)

Tanaka, Yasuhito

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 43 (1991), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper explores an export subsidy game in an international duopoly in which governments of countries as well as firms hold conjectures about the response of other governments. In the framework with linear demand/quadratic cost functions, a homogeneous good and no home consumption, I shall obtain the relations among the conjectural variation of firms, that of governments, and the optimal subsidies for countries. And I shall show that if and only if firms hold the consistent conjectures, Nash type behavior (zero conjectural variation) of governments is consistent.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1991.tb00495.x

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COMPETITION FOR MONOPOLY, I: CARTELIZATION (1991)

Krouse, Clement G.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 43 (1991), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1991.tb00487.x

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THE LIKELIHOOD OF CAPITAL-REVERSING AND DOUBLE-SWITCHING (1991)

Laing, Neil F.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 43 (1991), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1991.tb00491.x

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PRICES OF SLAVES IN WEST AND WEST-CENTRAL AFRICA: TOWARD AN ANNUAL SERIES, 1698–1807 (1991)

Richardson, David

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 43 (1991), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: Currently available price series for slaves during the eighteenth century need to be treated with much caution, and it seems unlikely that large quantities of new evidence will be unearthed. Further progress toward the creation of more reliable price series will thus require new methods of estimation. In this paper, a new price series for slaves at the African coast is calculated using data relating to the number of slaves shipped from the coast by British traders and the value of trade goods bartered for them.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1991.tb00484.x

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WAGE BARGAINING WITH A PRICE-SETTING FIRM (1990)

Arnsperger, Christian ; Croix, David

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 42 (1990), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper examines the introduction of monopolistic competition into wage bargaining models: in addition to capital-labour substitution, we also consider a cost-push effect. The right-to-manage model requires strong restrictions on the objective functions and leads to problematic conclusions because the wage claims of the union are generally not compatible with the mark-up requirement contained in the firm's price equation. In the efficient bargaining model, the union negotiates also the employment level, which gives it a way of extracting part of the monopoly rent: the firm's commitment to an efficient wage-employment combination forces it to follow a pricing rule such that part of the surplus is transferred to the union.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1990.tb00479.x

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THE DISTRIBUTION OF HOUSEHOLD INFLATION RATES: THE GREEK EXPERIENCE (1990)

Livada, A.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 42 (1990), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1990.tb00669.x

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STUDY-GRANT SCHEMES AND EFFORT: AN ECONOMIC MODEL (1990)

Danish-Lecker, Tikva ; Kahana, Nava

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 42 (1990), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper extends Becker's basic model on investment in human capital by introducing effort as a decision variable. Based on this extended model we consider the efficiency of two popular study-grant schemes and propose a third which unequivocally increases the student's effort and may thereby resolve the moral hazard problem created by the student's self-interested behaviour. In addition, some policy issues concerning conflicts between the students' and the policy-maker's objectives are discussed.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1990.tb00672.x

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FACTOR MIGRATION AND INCOME DISTRIBUTION IN SOME DEVELOPING COUNTRIES (1990)

Clark, Don P. ; Thompson, Henry

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 42 (1990), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: A three factor, two sector general equilibrium model is used to determine long run income distributional impacts of factor supply changes associated with international migration in developing and newly industrializing countries. Factor intensity rankings among three factors (capital, skilled and unskilled labor) between two industries (agriculture and manufacturing-services) play a critical role in determining which factors are natural friends with respect to migration. A result common to all countries is observed friendship between capital and unskilled labor: reducing (increasing) the supply of one will lower (raise) payments to the other.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1990.tb00296.x

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EDITORS' ANNOUNCEMENT (1990)

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 42 (1990), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1990.tb00288.x

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ECONOMIC INCENTIVES FOR AN URBAN BIAS IN DEVELOPMENT POLICIES (1990)

Gruver, Gene W. ; Zeager, Lester A.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 42 (1990), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper presents a labor turnover model in which urban employers have an economic incentive to support an urban bias in development policies because of the indirect effect of rural incomes on urban training expenditures through the rate of labor turnover. A comparative static analysis of the model shows that an income transfer from rural workers to urban workers increases the profits of urban employers, even if urban employers are not directly involved in the transfer. Unlike previous versions of the labor turnover model, worker behavior is explicitly grounded in utility maximization.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1990.tb00291.x

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EQUIPROPORTIONATE GROWTH OF INCOMES AND FISCAL DRAG (1989)

Acemoglu, Damn ; Lambert, Peter

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 41 (1989), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1989.tb00345.x

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THE ECONOMICS OF LABOUR MARKETS: A REVIEW OF CURRENT TEXTS (1989)

Drewes, Torben

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 41 (1989), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1989.tb00346.x

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ON THE EQUIVALENCE OF ALTERNATIVE MEASURES OF THE ELASTICITY OF SUBSTITUTION (1989)

Segerson, Kathleen ; Ray, Subhash C.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 41 (1989), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper provides a necessary and sufficient condition for the equivalence of three alternative measures of the elasticity of factor substitution: the Allen-Uzawa partial elasticity, the shadow elasticity and the general two-factor two-price elasticity.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1989.tb00338.x

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A NOTE ON CONCAVITY AND SCALAR PROPERTIES IN PRODUCTION (1989)

Bone, John

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 41 (1989), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1989.tb00339.x

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A SYSTEMS APPROACH TO THE DEMAND FOR ALCOHOL AND TOBACCO (1989)

Jones, Andrew M.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 41 (1989), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper adopts a systems approach to estimate budget share equations for four categories of alcoholic drinks and for tobacco, using quarterly expenditure data for the period 1964 to 1983. The emphasis is on the importance of the tolerance effects of addiction and on the smoker's participation decision in correctly specifying the model of demand. The model makes explicit recognition of a separate participation decision and the estimates suggest that there is something to be gained by introducing variables to indicate changes in the distribution of income and the demographic structure of the population.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1989.tb00282.x

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USLNG FUTURES INSTRUMENT PRICES TO TARGET NOMINAL INCOME (1989)

Sumner, Scott

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 41 (1989), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: Nominal GNP targeting offers the advantage of allowing monetary policymakers to offset velocity shocks and cushion the impact of autonomous price shocks. Instability associated with the recognition lag can be minimized by fixing a futures instrument price linked to nominal GNP. In fact, if financial markets arc efficient, then a policy of fixing futures instrument prices would seem preferable to a policy feedback mechanism for any economic aggregate target which involves a recognition lag. This conclusion is robust with respect to a wide range of macroeconomic models.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1989.tb00287.x

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THE ‘CHILLING EFFECT’ OF CONVENTIONAL ARBITRATION: A COUNTEREXAMPLE (1989)

Treble, John G.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 41 (1989), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: In the context of a simple model, it is demonstrated that it is possible for a conventional arbitrator to determine his decision in such a way as to remove the so-called ‘chilling effect’. It is shown that an arbitrator adopting the kind of rule envisaged here would be more successful in moderating claims of the negotiators than would a final-offer arbitrator.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1989.tb00278.x

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BUFFER STOCKS, HEDGING AND RISK REDUCTION (1988)

Gilbert, Christopher L.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 40 (1988), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1988.tb00271.x

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JOINT PRODUCTION ANALYSIS IN A SRAFFIAN FRAMEWORK (1988)

Salvadori, Neri ; Steedman, Zan

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 40 (1988), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1988.tb00263.x

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METALS PRICES, EFFICIENCY AND COINTEGRATION: SOME EVIDENCE FROM THE LONDON METAL EXCHANGE (1988)

MacDonald, Ronald ; Taylor, Mark

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 40 (1988), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1988.tb00268.x

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MONOPOLY POWER AND DOWNWARD PRICE RIGIDITY UNDER COSTLY PRICE ADJUSTMENT (1988)

Balvers, Ronald

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 40 (1988), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: A method of ‘backward deduction’ is used to analyse the decisions of a firm, setting price and quantity before demand observations are made, with the option to adjust price at a cost after demand is observed. It is shown for such a firm that the events of (1) downward price rigidity; (2) overproduction; and (3) a high degree of monopoly power are closely related. The paper distinguishes itself from the previous literature on costly price adjustment in its treatment of disequilibrium situations and focus on monopoly power in relation to price rigidity. The main results are obtained for a linear demand curve and a uniform demand distribution.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1988.tb00258.x

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TESTING FOR SERIAL CORRELATION AFTER THREE STAGE LEAST SQUARES ESTIMATION (1988)

Phillips, Gary D. A.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 40 (1988), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1988.tb00260.x

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POST KEYNESIANISM: FROM CFUTICISM TO COHERENCE? (1988)

Hamouda, O. F. ; Harcourt, G. C.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 40 (1988), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1988.tb00251.x

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TESTING THE NEGATIVITY CONDITION FOR LABOUR SUPPLY FUNCTIONS DERIVED FROM A STONE-GEARY UTILITY FUNCTION (1988)

Barmby, Tim

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 40 (1988), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1988.tb00255.x

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EQUILIBRIUM PRICE DISPERSION: AN EXTENSION OF REINGANUMS ‘SIMPLE MODEL’ (1987)

Cressy, Robert C.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 39 (1987), S. 0

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Thema: Wirtschaftswissenschaften

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URL: http://dx.doi.org/10.1111/j.1467-8586.1987.tb00244.x

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THE NEW THEORIES OF INTRA-INDUSTRY TRADE (1987)

Greenaway, David

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 39 (1987), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1987.tb00235.x

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DECOMPOSITION ANALYSIS OF DERIVED DEMAND FOR FACTOR INPUTS WITH BIASED TECHNICAL CHANGE AND OUTPUT ADJUSTMENT (1987)

Kim, H. Youn

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 39 (1987), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1987.tb00239.x

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FORECASTING AND POLICY EVALUATION WHEN EXPECTATIONS ARE RATIONAL: THE DISCRETE TIME CASE - A COMMENT (1987)

Hillier, Brian

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 39 (1987), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1987.tb00232.x

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1. INTRODUCTION (1986)

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 38 (1986), S. 0

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URL: http://dx.doi.org/10.1111/j.1467-8586.1986.tb00223.x

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5. SUMMARY AND CONCLUSIONS (1986)

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 38 (1986), S. 0

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URL: http://dx.doi.org/10.1111/j.1467-8586.1986.tb00227.x

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MONETARY ANTICIPATONS AND THE DEMAND FOR MONEY SOME UK EVIDENCE (1986)

Cuthbertson, K.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 38 (1986), S. 0

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Notizen: The Carr-Darby ‘shock-absorber’ hypothesis, that unanticipated changes in the money supply influence the demand for real money balances but anticipated changes do not, is tested on UK data for narrow money, M1. For comparison with earlier studies on US data we take the (real first order) partial adjustment model as one example of a ‘conventional’ demand for money function. However the Carr-Darby hypothesis is also tested taking a more general autoregressive distributed lag model as the ‘conventional’ demand function. For both ‘conventional’ demand for money functions we find that the shock-absorber hypothesis is not supported for M1 using UK data.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1986.tb00220.x

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THE EFFECTS OF VARIOUS TREATMENTS OF TRUNCATION REMAINDERS IN THE ESTIMATION OF THE CONSUMPTION FUNCTION: A B AYESIAN APPROACH (1986)

Nakhaeizadeh, G.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 38 (1986), S. 0

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Thema: Wirtschaftswissenschaften

Notizen: Using a Bayesian approach, the effects of various treatments of truncation remainders in the estimating of the consumption function for the Federal Republic of Germany (henceforth F.R.G.) are examined with the help of small and large samples. It emerges that some parameters of the consumption function are quite sensitive to what is done with the truncation remainders. Furthermore it seems better to include these terms in the estimation procedure.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1986.tb00209.x

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NEW DEVELOPMENTS IN THE THEORY OF CHOICE UNDER UNCERTAINTY (1986)

Sugden, Robert

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 38 (1986), S. 0

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Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1986.tb00199.x

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EXPORT DRAWBACK AND THE STRUCTURE OF PROTECTION (1986)

Herander, Mark G.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 38 (1986), S. 0

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URL: http://dx.doi.org/10.1111/j.1467-8586.1986.tb00201.x

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THE ECONOMIC ANALYSIS OF TAX EVASION (1985)

Cowell, Frank A.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 37 (1985), S. 0

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Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1985.tb00192.x

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THE INVARIANCE OF TESTS OF DISTURBANCE SPECIFICATION TO MULTICOLLINEARITY (1985)

Evans, Merran A.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 37 (1985), S. 0

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Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1985.tb00193.x

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THE IMPLICATIONS OF STOCHASTIC DEMOGRAPHIC ASSUMPTIONS FOR MODELS OF THE DISTRIBUTION OF INHERITED WEALTH (1985)

Jenkins, Stephen

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 37 (1985), S. 0

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Notizen: The paper extends existing distributional models to incorporate two sets of ‘stochastic’ demographic assumptions: (a) where the number of heirs is randomly determined, and (b) where the gender of a given child is randomly determined (but the total number of heirs is non-stochastic). The consequent increase in heterogeneity of family types might be expected to increase the inequality of family wealth and reduce the degree of intergenerational inheritance, relative to the ‘deterministic’ case, but it is shown that this conclusion is very much conditional on the other assumptions made; about the pattern of marriage and estate division in particular.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1985.tb00196.x

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THE ACCOUNTING PRICES OF THE FACTORS OF PRODUCTION: AN ESTIMATION OF THEIR PARAMETERS IN THE CASE OF GREECE (1985)

Vauouras, Ioannis S.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 37 (1985), S. 0

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Thema: Wirtschaftswissenschaften

Notizen: It is widely acknowledged that when accounting prices are used instead of market prices in project analysis they provide more adequate indicators of the social acceptability of the alternative investment projects. The first objective of this paper is the formulation of the methodology required for the determination of the accounting prices of the factors of production capital and labour in the case of Greece. The second is the estimation of the parameters needed for their valuation and the third is the derivation, under certain assumptions, of the actual accounting prices of capital and labour and their comparison with market prices in the case of Greece.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1985.tb00186.x

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ON THE SOLUTION OF LARGE ECONOMIC MODELS WITH CONSISTENT EXPECTATIONS (1985)

Hall, S. G.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 37 (1985), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1985.tb00191.x

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FROM THE NEW EDITORS (1984)

Hey, John D. ; Lambert, Peter J.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 36 (1984), S. 0

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Thema: Wirtschaftswissenschaften

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URL: http://dx.doi.org/10.1111/j.1467-8586.1984.tb00527.x

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A DISEQUILIBRIUM INTERPRETATION OF KALDOR'S TECHNICAL PROGRESS FUNCTION (1985)

Ghosh, Dipak

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 37 (1985), S. 0

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Thema: Wirtschaftswissenschaften

Notizen: This note examines the nature of underlying production function to Kaldor's technical progress function. It has been found that in the context of disequilibrium between planned savings and investment the history of capital accumulation becomes crucial.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1985.tb00184.x

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THE RELATIONSHIP BETWEEN UNEMPLOYMENT AND UNFILLED VACANCIES IN GREAT BRITAIN: AN EXTENDED JOB-SEARCH, LABOUR TURNOVER VIEW (1984)

Duffy, Martyn H.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 36 (1984), S. 0

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Thema: Wirtschaftswissenschaften

Notizen: This paper develops a model of the equilibrium unemploymentvacancy relationship, drawing upon concepts in the job searchlabour turnover literature, and uses that model to explain recent shifts in the uv curve for Great Britain. The analysis involves two stages: the estimation of a dynamic employment adjustment equation, and then the solution of the estimated form for the implicit, equilibrium uv relationship at different points in time. In this approach it is possible to attribute shifts in the uv curve to various exogenous factors such as the movement in real wages relative to productivity, external competitiveness, mismatching between jobs and workers, and the replacement ratio.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1984.tb00531.x

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SECTORAL AND MACROECONOMIC EFFECTS IN A TWO GOOD OPEN ECONOMY WITH AN INTERMEDIATE INPUT (1984)

Fender, John

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 36 (1984), S. 0

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Thema: Wirtschaftswissenschaften

Notizen: A model of an open economy, in which two goods, a tradeable and a non-tradeable, are distinguished, is constructed. There is also an intermediate input (oil) which is both produced domestically and traded, and which is used as an input in the traded sector. There are two assets, money and internationally traded bonds. In the model the effects of various changes, including an increase in the money supply, and increases in both the world price of, and the domestic output of, oil, are analysed.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1984.tb00522.x

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GENERALISED RESIDUALS AND HETEROGENEOUS DURATION MODELS: THE EXPONENTIAL CASE (1983)

Lancaster, Tony

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 35 (1983), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1983.tb00448.x

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TESTS OF EFFICIENCY AND THE IMPACT OF ‘NEWS’ IN THREE FOREIGN EXCHANGE MARKETS: THE EXPERIENCE OF THE 1920's (1983)

MacDonald, Ronald

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 35 (1983), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1983.tb00451.x

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A NOTE ON THE WELFARE COST OF PERFECTLY ANTICIPATED INFLATION (1983)

Smithin, John Nicholas

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 35 (1983), S. 0

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Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1983.tb00447.x

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LEMONS AND SUPERGAMES (1983)

Dolton, Peter J.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 35 (1983), S. 0

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Notizen: This paper generalizes an earlier paper by Heal (1976) in which the‘lemons problem’is analysed in an exchange framework over time. Heal showed that the Akerlof (1970) rule that bad goods (lemons) always drive out good may not always be a valid one. Heal's anti-lemons result is also shown to be a Balanced Tempta-Equilibrium (B.T.E.) in the supergame. But it is also shown, paradoxically, that the B.T.E. can itself be dominated by certain strategies, hence there is a direct counterpart to the constituent version of the Lemons Game in its supergame analogue.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1983.tb00446.x

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ON THE RELATION BETWEEN HICKSIAN SURPLUS AND TRUE COST-OF-LIVING INDICES (1982)

Dodgson, J. S.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 34 (1982), S. 0

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Notizen: This note demonstrates how recent results in the literature on true cost-of-living indices are of direct relevance to attempts to measure Hicks’compensating and equivalent variations because of the close inter-relationship between the Hicksian surplus measures and true (or constant-utility) price indices.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1982.tb00440.x

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THE DEMAND FOR ENERGY IN THE UNITED KINGDOM (1982)

Uri, Noel D.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 34 (1982), S. 0

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Thema: Wirtschaftswissenschaften

Notizen: Interfuel substitution, a priori, seems to be of considerable importance in the economy of the United Kingdom. Consequently, an appropriate model is developed and estimated. All energy sources are demonstrated to be substitutable. Coal is the most price responsive with natural gas, oil and electrical following. The results are not inconsistent with other studies of energy substitution. Moreover, when the issue of the stability of the demand for energy types is considered, the suggestion that the demand for coal, oil, natural gas, and electrical energy have remained virtually constant over the past three decades.

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URL: http://dx.doi.org/10.1111/j.1467-8586.1982.tb00434.x

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DISPLACEMENT AND SKILLCENTRE TRAINING: AN ANALYSIS OF FIRM AND TRAINEE CHARACTERISTICS (1982)

Hughes, James J. ; Hale, Chris ; Missiakoulis, Spyros

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 34 (1982), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1982.tb00435.x

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THE CAUSES OF INTER-REGIONAL LABOUR FORCE MIGRATION IN GREAT BRITAIN (1981)

Rolfe, P. H.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 33 (1981), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1981.tb00173.x

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REGIONAL DIFFERENCES IN INDUSTRIAL STRUCTURE: A NOTE (1981)

Leser, C. E. V.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 33 (1981), S. 0

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Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1981.tb00172.x

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A NOTE ON EMPLOYMENT SUBSIDIES AND THE GOVERNMENT BUDGET CONSTRAINT IN A CLOSED ECONOMY (1981)

Hannah, S. P.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 33 (1981), S. 0

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Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1981.tb00165.x

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EUROPEAN MONETARY UNION AND THE DEMAND FOR INTERNATIONAL RESERVES: A COMMENT (1981)

El-Agraa, A. M.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 33 (1981), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1981.tb00168.x

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STRIKE FREQUENCY AND INDUSTRIAL WAGE DIFFERENTIALS: AN ECONOMETRIC STUDY OF BRITISH PRODUCTION INDUSTRIES (1980)

Knight, K. G. ; Wilson, R. A.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 32 (1980), S. 0

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Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1980.tb00158.x

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THE INFLUENCE OF THE UNITED KINGDOM'S PUBLIC SECTOR DEFICIT ON ITS MONEY STOCK, 1963–76: SOME COMMENTS (1980)

Cobham, D.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 32 (1980), S. 0

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Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1980.tb00164.x

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87

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A GENERAL MODEL OF WAGE DETERMINATION (1980)

Baxter, J. L.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 32 (1980), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1980.tb00151.x

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88

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SOCIAL CHOICE AND RANKED INDIVIDUAL PREFERENCES (1980)

Pearman, A. D. ; Kmietowicz, Z. W.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 32 (1980), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1980.tb00155.x

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89

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EVALUATING THE PERFORMANCE OF MAXIMUM LIKELIHOOD CORRECTIONS IN THE FACE OF LOCAL MISSPECIFICATION (1989)

Orme, Chris

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 41 (1989), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1989.tb00276.x

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90

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THE SIMPLE ANALYTICS OF IMPLICIT LABOUR CONTRACTS: A COMMENT (1989)

Sakai, Ken-ichi

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 41 (1989), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1989.tb00281.x

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91

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THE THEORY OF CONTESTABLE MARKETS: COMMENT (1985)

Holler, Manfred J.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 37 (1985), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1985.tb00183.x

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92

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FURTHER IMPLICATIONS OF LEARNING BY DOING: THE EFFECT OF POPULATION ON PER-CAPITA INCOME (1984)

Cigno, Alessandro

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 36 (1984), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1984.tb00528.x

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93

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FROM THE NEW EDITORS (1984)

Hey, John D. ; Lambert, Peter J.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 36 (1984), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1984.tb00520.x

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94

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AN EMPIRICAL ANALYSIS OF THE DEGREE OF MONOPOLY THEORY OF DISTRIBUTION (1984)

Reynolds, Peter J.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 36 (1984), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1984.tb00525.x

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95

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PUBLIC SECTOR PRICES AND THE REAL EXCHANGE-RATE IN THE UK RECESSION (1983)

Copeland, Laurence S.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 35 (1983), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1983.tb00450.x

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96

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THE INFORMATION CONTENT OF THE UK MONETARY COMPONENTS AND AGGREGATES (1983)

Mills, Terence C.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 35 (1983), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1983.tb00444.x

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97

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THE KINKED DEMAND MODEL AND LIMIT PRICING (1982)

Buxton, A. J. ; Dodds, J. C.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 34 (1982), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1982.tb00441.x

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98

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THE EMPIRICAL RELATIONSHIP BETWEEN THE MONEY STOCK AND THE PRICE LEVEL IN THE UK: A TEST OF CAUSALITY (1982)

Holly, S. ; Longbottom, J. A.

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 34 (1982), S. 0

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Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1982.tb00433.x

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99

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THE U-V METHOD OF CATEGORIZING THE UNEMPLOYED: AN AMENDMENT (1982)

Taylor, Jim ; Armstrong, Harvey

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 34 (1982), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1982.tb00437.x

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100

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REVENUE MAXIMISING SALES TAXES IN OLIGOPOLISTIC EQUILIBRIUM WHEN COSTS VARY BETWEEN FIRMS (1988)

Clarke, Roger

Oxford, UK : Blackwell Publishing Ltd

Bulletin of economic research 40 (1988), S. 0

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ISSN: 1467-8586

Quelle: Blackwell Publishing Journal Backfiles 1879-2005

Thema: Wirtschaftswissenschaften

Notizen: This paper considers taxation of firms in oligopolistic equilibrium. It shows that sales taxes which maximise government revenues will be differential and progressive when costs vary between firms.

Materialart: Digitale Medien

URL: http://dx.doi.org/10.1111/j.1467-8586.1988.tb00256.x

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